Due Monday 17.2018 @12:00 You should take it into account, Coefficient of variat

Question

Due Monday 17.2018 @12:00 You should take it into account, Coefficient of variation (CV) in your analysis. One paragraph will be Table 1. Smmary statistics of variables employed in FISCAL PCGDP MS RESERVE ID 51 of 51 5I 51 0.004 2409 2363 0s10 .185 Standard 035 0.125 075 103 deviation Skewness 0 328 0.768 983-0421410 Escess 2438 2.334 4220 33932944 Please interpret the result based on the class note and lecture where FISCAL refers to taxes PCGDP refers to gross domestic products MS refers to money supply RESERVE refers to foreign currency reserve ID refers to inflation

Explanation / Answer

we have defined term

# Fiscal-related to specially taxes.

# PCGDP-Gross Domestic Product: The total value of goods produced and services provided in country during one year.

# MS-Money suplly: The total amount of money in curculation or in existance in a country.

# REserve-Foreign currency reserve: Is a money or other assets held by a central bank or other monetaery authority so that it can payits liabilities if needed such as the currency issued by the central bank as well as the various bank reserves deposited with central bank the government other financial institution.

#Inflation: Inflation is the rate at which the general level of prices for goods and services is rising and consequently the purchasing power of currency is falling.

coefficent of variation= (standard deviation)/(|mean|)*100

we have find the value of coefficient of variation

Fiscal=1375

PCGDP=5.1889

MS=626.54

Reserve=786.41

Inflation=451.35

conclusion= In given all the five variabl PCGDP is more consistent.

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